Laurion Capital Management LP Has $974,000 Stock Holdings in SharkNinja, Inc. (NYSE:SN)

Laurion Capital Management LP boosted its holdings in shares of SharkNinja, Inc. (NYSE:SN - Free Report) by 100.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,000 shares of the company's stock after buying an additional 5,000 shares during the quarter. Laurion Capital Management LP's holdings in SharkNinja were worth $974,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Barclays PLC grew its position in shares of SharkNinja by 117.4% in the third quarter. Barclays PLC now owns 8,394 shares of the company's stock valued at $913,000 after purchasing an additional 4,533 shares during the last quarter. City Center Advisors LLC acquired a new stake in shares of SharkNinja in the fourth quarter valued at about $316,000. Capital CS Group LLC acquired a new stake in shares of SharkNinja in the fourth quarter valued at about $314,000. Oak Thistle LLC acquired a new stake in shares of SharkNinja in the fourth quarter valued at about $353,000. Finally, Thurston Springer Miller Herd & Titak Inc. grew its position in shares of SharkNinja by 81.4% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 16,108 shares of the company's stock valued at $1,568,000 after purchasing an additional 7,227 shares during the last quarter. 34.77% of the stock is owned by institutional investors and hedge funds.

SharkNinja Price Performance

SN traded up $1.31 during midday trading on Friday, reaching $102.00. 1,228,324 shares of the company's stock were exchanged, compared to its average volume of 1,453,575. The firm has a market capitalization of $14.39 billion, a price-to-earnings ratio of 32.80, a price-to-earnings-growth ratio of 2.35 and a beta of 1.68. The company has a quick ratio of 1.14, a current ratio of 1.73 and a debt-to-equity ratio of 0.38. SharkNinja, Inc. has a one year low of $60.50 and a one year high of $123.00. The business has a 50-day simple moving average of $82.95 and a two-hundred day simple moving average of $95.64.

SharkNinja (NYSE:SN - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported $0.87 EPS for the quarter, topping analysts' consensus estimates of $0.73 by $0.14. The firm had revenue of $1.22 billion during the quarter, compared to analysts' expectations of $1.17 billion. SharkNinja had a net margin of 7.94% and a return on equity of 32.51%. The company's revenue for the quarter was up 14.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.06 earnings per share. As a group, research analysts predict that SharkNinja, Inc. will post 4.52 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. The Goldman Sachs Group raised their price target on SharkNinja from $100.00 to $112.00 and gave the company a "buy" rating in a research report on Friday, May 9th. Morgan Stanley raised their price target on SharkNinja from $85.00 to $101.00 and gave the company an "equal weight" rating in a research report on Friday, May 9th. Jefferies Financial Group raised their price target on SharkNinja from $150.00 to $175.00 and gave the company a "buy" rating in a research report on Thursday, February 13th. Canaccord Genuity Group increased their target price on shares of SharkNinja from $129.00 to $136.00 and gave the company a "buy" rating in a research note on Friday, February 14th. Finally, JPMorgan Chase & Co. reduced their target price on shares of SharkNinja from $139.00 to $98.00 and set an "overweight" rating for the company in a research note on Friday, April 11th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $121.50.

SharkNinja Profile

SharkNinja, Inc, a product design and technology company, engages in the provision of various solutions for consumers worldwide. It offers cleaning appliances, including corded and cordless vacuums, including handheld and robotic vacuums, as well as other floorcare products comprising steam mops, wet/dry cleaning floor products, and carpet extraction; cooking and beverage appliances, such as air fryers, multi-cookers, outdoor and countertop grills and ovens, coffee systems, carbonation, cookware, cutlery, kettles, toasters and bakeware; food preparation appliances comprising blenders, food processors, ice cream makers, and juicers; and beauty appliances, such as hair dryers and stylers, as well as home environment products comprising air purifiers and humidifiers.